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UPDATE 2-GE predicts up to 15 percent rise in 2016 operating income

Dec 16 (Reuters) - General Electric Co predicted on Wednesday a double-digit rise in operating earnings in 2016 to between $1.45 and $1.55 a share and said it would return about $26 billion to shareholders, sending its stock up sharply.

UPDATE 2-Biodiesel tax credit move roils biofuel credit, soyoil markets

Dec 16 (Reuters) - News that U.S.

Halcon Resources sets 1:5 reverse stock split

Dec 16 (Reuters) - Oil and gas producer Halcon Resources Corp on Wednesday announced a one-for-five reverse stock split, effective Jan. 5.

RPT-Iron ore price drop now testing mettle of mega miners

SYDNEY, Dec 16 (Reuters) - Tumbling iron ore prices have already forced smaller miners to close, but forecasts of further deterioration could test the staying power of even the lowest-cost, mega-miners still turning a profit.

Resurgence of dirty tanker market in 2015: Just a flash in the pan?

Dirty tanker freight rates soared to their highest level in years in 2015, bringing back the positive vibe for shipowners. But how sustainable is this strength in prices going forward?

COLUMN-Why China, a geopolitical teenager, is finally growing up

Dec 16 (Reuters) - Over the last 15 years, China's international diplomacy has marked it as something of a geopolitical adolescent, like a teenager who suddenly has the physical strength and desires of an adult, but not the experience and savvy to manage them.

EU bets on new US LNG imports to take on Russia's gas dominance

Europe is facing a new conflict: Platts editors discuss a potential gas price war between US LNG and Russian pipeline gas.

Notes from the Solar Underground: 2015, Out with the Old, In with the New

2015 is swiftly exiting and it’s time to take a look back and see if anyone learned anything that might help avoid something dire in 2016.

UPDATE 1-U.S. natgas futures fall to fresh 14-year low on weak heating demand

(Adds latest prices) Dec 16 (Reuters) - U.S. natural gas futures set a 14-year low on Wednesday on forecasts for continued unseasonably mild weather that should keep heating demand extraordinarily light through late December. The front-month January contract is testing the $1.76 support level, which was the 2001 low. If it falls below that, futures would drop to their lowest point since March 1999.

UPDATE 2-U.S. tax, spending deal meets resistance from lawmakers

WASHINGTON, Dec 16 (Reuters) - A deal to avoid a U.S. government shutdown met resistance on Wednesday from both conservative Republicans concerned about spending and House Democrats who complained about tax breaks and a planned end to a ban on U.S. oil exports.

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